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Studio Apartments for Rent in Idaho Falls, ID

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    Starting at $1,150 Per Month

    • Studio - 2 Beds

    1385 S Utah Ave, Idaho Falls, ID 83402

    Welcome to The Reverie at Taylor's Crossing, offering modern studio, one-, and two-bedroom apartments designed for comfort and style. Each home features two-tone cabinetry, quartz countertops, and stainless steel appliances with filtered water and ice makers. Residents enjoy premium amenities including a fitness center, clubhouse, coworking space, and a rooftop patio with hot tub—perfect for

    The Reverie at Taylors Crossing

    (855) 819-5362

    1385 S Utah Ave, Idaho Falls, ID 83402
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    Starting at $950 Per Month

    • Studio - 1 Bed

    488 D St, Idaho Falls, ID 83402

    Welcome to the Chicane Apartments at the Riverwalk! High speed fiber internet included with rent! Large storage unit included with rent!Multiple washers and dryers in the basement that are FREE for tenants to use!The Chicane Apartments at the Riverwalk are a newly-renovated apartment community offering retro-modern studio and 1 bedroom apartment homes. Each unit is

    Chicane Apartments at the Riverwalk

    (844) 794-9141

    488 D St, Idaho Falls, ID 83402
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    $850

    Total Monthly Price

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • House for Rent

    271 W 15th St Unit B, Idaho Falls, ID 83402

    Studio apartment, basement unit. Shared laundry.

    271 W 15th St Unit B, Idaho Falls, ID 83402
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    $650 Per Month

    • Studio
    • 1 Bath
    • 360 Sq Ft
    • Condo for Rent

    437 W Crowley St Unit 437 C, Idaho Falls, ID 83402

    437 W Crowley St Unit 437 C, Idaho Falls, ID 83402

Why Live in Idaho Falls

The Snake River Greenbelt forms the heart of Idaho Falls' outdoor recreation scene, featuring a scenic pathway perfect for walking and cycling along the waterfront. Families gravitate to the Idaho Falls Zoo at Tautphaus Park, home to over 300 animals, while the Museum of Idaho showcases the region's rich history. The Mountain America Center brings entertainment to the city through concerts and Idaho Falls Spud Kings hockey games. The restaurant scene includes local favorites like The SnakeBite Restaurant, known for creative American cuisine, and Copper Rill Restaurant, which serves varied menu items in an upscale setting.

The Idaho Falls housing market presents diverse options across price points. The median single family home price sits at $400,000, while the median townhome price is $377,500. One bedroom condos have a median price of $223,500, and two bedroom condos typically sell for a median of $249,500. The overall cost of living in Idaho Falls stands 17% below the national average. A family with school age children should aim for an $89,000 annual salary to live comfortably, while renters need approximately $46,000. Monthly grocery costs average $1,500 for families and $600 for renters. Housing costs run about $1,400 monthly for families and $1,300 for renters.

Property taxes in Bonneville County maintain a 0.55% effective rate, lower than nearby Pocatello at 0.72%. The state income tax rate is 5.70%, with a combined state and local sales tax of 6.03%. Idaho Falls Regional Airport serves the area, though most residents rely on personal vehicles for transportation. The city experiences four distinct seasons with summer highs reaching 90°F and winter lows dropping to 15°F, receiving 43 inches of snow annually.

Frequently Asked Questions

How much does it cost to rent a home in Idaho Falls, ID?
The median rent for a home in Idaho Falls, ID is $2,595 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Idaho Falls, ID?
To comfortably afford the median rent in Idaho Falls, ID, a household needs to earn roughly $103,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,595 per month in Idaho Falls, ID, renters typically need to show $7,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Idaho Falls, ID?
In Idaho Falls, ID, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Idaho Falls, ID

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,595
Median Single Family Home Rent
$2,595
How to Rent a Home